Category Archives: First Actuarial
21st Century Retirement Income Update
Well here I am in a Village hotel under the M1 seven miles south of Leeds to chair a day long conference on the opportunities for financial advisers from George Osborne’s Budget Changes (the photo is the lovely view … Continue reading
Posted in corporate governance, First Actuarial, NEST, pensions
Tagged advice, advisers, Budget, Budget 2014, Business, DWP, financial advisers, Financial services, George Osborne, Government, Guidance, Guidance Guarantee, IFA, National Employment Savings Trust, pension, pension playpen, Treasury
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People aren’t stupid- our products are!
I’m taking this comment out of comment so I won’t mention it’s source- it appears on a pensions website and is made by a leading actuary. Our challenge is to find a way to redress the balance and help them … Continue reading
Posted in annuity, Financial Education, First Actuarial, pensions
Tagged Actuarial science, annuity, Business, Defined benefit pension plan, DWP, Financial services, Investing, Investment, Investment management, Life annuity, National Employment Savings Trust, pension, Pension new, Retirement, social media
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“Better workplace pensions – further measures for savers”
Recognise the title? It’s what the DWP chose to call their Command Paper on charges. This paper is not a justification for a charge cap, it’s a new framework for DC pension governance. It’s gone un-noticed but only one chapter … Continue reading
Posted in advice gap, corporate governance, First Actuarial, pensions, Retirement
Tagged Business, corporate governance, corporate risk, dc pensions, Defined benefit pension plan, DWP, Human Resources, Insurance, Investing, Investment, Investment management, pension, Pension Protection Fund, Pension Regulator, pensions, Retirement, Society, Steve Webb
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Why we expect insurers to bounce back stronger (from these reforms)
I’ve just read yesterday’s press release from PWC’s Jonathan Howe commenting on the pension reform announced in this year’s budget. “There is no doubt that the changes present very significant challenges to life insurers with a heavy reliance on annuity business, … Continue reading
Posted in advice gap, auto-enrolment, CDC, Financial Education, First Actuarial, Payroll, pension playpen, pensions
Tagged Actuarial science, Business, dc pensions, Defined benefit pension plan, DWP, Financial services, Government, National Employment Savings Trust, pension, pension playpen, pensions, Retirement
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“What’s it like to be retired?”
It could be the trending chant at any event that Alex Ferguson turns up to – a taunt to a man who having lost control has seen slump into mundanity in a few short months. Financial wellbeing in later life … Continue reading
Posted in annuity, auto-enrolment, Bankers, Facebook, Financial Education, First Actuarial, pension playpen, pensions, Popcorn Pensions, Public sector pensions, steve webb
Tagged annuity, Defined benefit pension plan, DWP, Employment, Financial services, Human Resources, ILC, Insurance, Investment, Life annuity, London, National Employment Savings Trust, pension, Pension Poverty, Pension Protection Fund, Pension Regulator, pensions, Politics, Public Sector Pensions, Retirement, SDAI, Society, Steve Webb, United States, University of Bristol
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Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying).
Fund management’s like a car-boot, you’ve got to know what you’re paying (and what you’re buying). Continue reading
Posted in auto-enrolment, Bankers, brand, Farefail, Financial Education, First Actuarial, FSA, hedge funds, infrastucture, investment, London, Management, middleware, NEST
Tagged AMC, Business, Business and Economy, charges, costs, dc pensions, Defined benefit pension plan, DWP, Employment, Financial services, Government, National Employment Savings Trust, NEST, pension, Pension Regulator, pensions, Retirement, Steve Webb, TER, Total Charge
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Getting use to managing pensions ourselves
The ideas of personal financial empowerment and independent financial advice grew up hand in hand. But they are mutually exclsusive concepts and ill-matched bedfellows. Now that we have the means to do it ourselves, we need to be allowed to. … Continue reading
The trusted word
This is the model for what we are doing with Pension PlayPen, an attempt to harness the energy and credibility of a linked in group, the probity of an actuarial practice and the needs of advisers, employers and regulators to see through a great endeavour, the wholesale adoption of funded workplace pensions into our business culture.
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Posted in actuaries, advice gap, Consolation, First Actuarial, Linkedin, mallowstreet, poetry, Retirement, welfare, workplace pensions
Tagged Business, Financial services, Government, Linked in, pensions, social media, twitter, YouTube
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The politics of pensions – how the landscape has changed since 2010.
Let us hope that the head of steam that has been built up since 2010 can be maintained.
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All you never wanted to know about that Pension PlayPen GPP
What are you on about now? http://www.pensionplaypen.com is a website set up to help Britain’s 1.2m employers work out auto-enrolment, adapt their existing workplace pension or get a new one and manage “auto-enrolment for life not just for staging”. As it’s the … Continue reading